Exchange Rate for conversion of foreign currency wef 21 August 2015

Exchange Rate for conversion of foreign currency wef 21 August 2015

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE)

(CENTRAL BOARD OF EXCISE AND CUSTOMS)

Notification No. 81/2015 – Customs (N.T.)

Dated the 20th August, 2015

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in super session of the notification of the Central Board of Excise & Customs No.73/2015-CUSTOMS (N.T.), dated 6th August, 2015, except as respects things done or omitted to be done before such supersession, the Central Board of Excise & Customs hereby determines that the rate of exchange of conversion of each of the foreign currencies specified in column (2) of each of Schedule I and Schedule II annexed hereto, into Indian currency or vice versa, shall, with effect from 21st August, 2015, be the rate mentioned against it in the corresponding entry in column (3) thereof, for the purpose of the said section, relating to imported and export goods.

SCHEDULE-I

Sl.No.

Foreign Currency

Rate of exchange of one unit of foreign currency equivalent to I ndian rupees

(1)

(2)

(3)

(a)

(b)

(For Imported Goods)

(For Export Goods)

1.

Australian Dollar

48.65

47.25

2.

Bahrain Dinar

177.80

168.05

3.

Canadian Dollar

50.25

49.20

4.

Danish Kroner

9.85

9 . 60

5.

EURO

73.45

71.65

6.

Hong Kong Dollar

8.50

8 . 35

7.

Kuwait Dinar

221.95

209.55

8.

New Zealand Dollar

43.70

42.55

9.

Norwegian Kroner

7.95

7 . 75

10.

Pound Sterling

103.35

101.10

11.

Singapore Dollar

47.05

45.95

12.

South African Rand

5.20

4.90

13.

Saudi Arabian Riyal

17.90

16 . 90

14.

Swedish Kroner

7.75

7 . 55

15.

Swiss Franc

68.30

66.70

16.

UAE Dirham

18.25

17.25

17.

US Dollar

65.75

64.70

SCHEDULE-II

Foreign Currency

Rate of exchange of 100 units of foreign currency equivalent to Indian rupees

Updation of TaxHeal on daily basis takes lot of time and effort .Donations help me to continue support and development of this free website.If you like TaxHeal and you gained something, isn’t that worth a coffee or two? Please consider donating via PayPal